442 colleges could close in next decade over ‘financial exigency’: report

“Nearly one in four private, nonprofit colleges and universities in the U.S. could close due to financial problems within the next decade, according to a Huron Consulting Group report. The report warns that “as many as 442 of the 1,700 private nonprofit degree-granting institutions … will arrive at the cusp of financial exigency.” With more than four million students currently enrolled in… Source

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